Problem 3-25A (Algo) Determining the break-even point and margin of safety for a company with multiple products L0 3-6 11.11 POMS Rooney Company produces two products. Budgeted annual income statements for the two products are provided as follows. Power Lite Total Budgeted Per Budgeted Budgeted Per Budgeted Budgeted Budgeted El Number Unit Amount Number Unit Amount Number Amount 230\" Sales 240 (g $ 700 = $163,000 560 @ $579 = $ 319,290 300 $ 437,209 Variable cost 240 @ 380 = (91.200) 560 @ 309 = (163.090) 300 (259.209) Contribution margin 240 @ 320 = 76,800 560 @ 279 = 151,290 390 228,009 Fixed cost (19,000) (95,090) (114,009) Print Net income :5 57,800 $ 56,290 $ 114,009 I Iri References Required: 3. Based on budgeted sales. determine the relative sales mix between the two products. b. Determine the weighted-average contribution margin per unit. c. Calculate the break-even point in total number of units. d. Determine the number of units of each product Rooney must sell to break even. e. Verify the break-even point by preparing an income statement for each product as well as an income statement for the combined products. Determine the margin of safety based on the combined sales of the two products. 3" Complete this question by entering your answers In the tabs below. Required A Required B Required E Required F RequiredC H RequiredD Based on budgeted sales, determine the relative sales mix between the two products. Relative percentage for Power - % Relative percentage for Lite - "lo Complete this question by entering your answers In the tabs below. ReqUirEd B - Determine the weighted-average contribution margin per unit. Complete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Calculate the break-even point in total number of units. Break-even point unitsComplete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Determine the number of units of each product Rooney must sell to break even. Required sales for Power units Required sales for Lite unitsComplete this question by entering your answers in the tabs below. Required A Required B Required C Required D Required E Required F Verify the break-even point by preparing an income statement for each product as well as an income statement for the combined products. Power Lite Total Sales Variable costs Contribution margin Fixed cost Net income (Loss)Complete this question by entering your answers In the tabs below. Required A Required 3 Required C Required D Required E Required F Determine the margin of safety based on the combined sales of the two products. (Round your answer to 1 decimal place.(i.e., 0.234 should be entered as 23.4))